Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 16 August 2018
We've applied Technical Analysis to BTC (BTC/USD) price chart, and see that it's trading below 20 days Simple Moving Average.
- Girish Vidhani
- Aug 16, 2018
Find cryptocurrency market related technical analysis posts here.
We've applied Technical Analysis to BTC (BTC/USD) price chart, and see that it's trading below 20 days Simple Moving Average.
We've applied Technical Analysis to EOS (EOS/USD) price chart, and see that it's trading below 50 day moving average.
Applying Technical Analysis to Stellar (XLM/USD) chart shows that, Stellar chart is looking much bullish than other cryptocurrencies, and price can raise by 50% from long-term support.
Applying Technical Analysis to Ripple(XRP/USD) chart shows that, Ripple bulls have vanished even as XRP trades in the extreme oversold region, price can go below $0.22.
Applying Technical Analysis to EOS chart shows that, EOS has broken down from its range, but the bounce is expected as RSI is oversold at Mar-April lows.
Applying Technical Analysis to Litecoin chart shows that it has broken all major supports at crucial levels which indicate sell on rally trades
Applying Technical Analysis to Bitcoin price shows that it can reach to $8000 this week.
Technical Analysis of IOTA chart shows that it's trading inside downtrend range, with Descending Triangle Pattern, means Bears are in total control.
Technical Analysis of Ethereum chart shows that it's hovering at major long-term support level.
Technical Analysis of Cardano chart shows potential short trade on a reversal and a big long trade on a consolidation.